Singapore NODX inched 6% higher in December

Thanks to robust non-electronic NODX.

According to the International Enterprise (IE) Singapore, on a year-on-year (y-o-y) basis, NODX rose by 6.0 per cent in December 2013, compared to the 8.9 per cent decrease in the previous month, due to an increase in non- electronic NODX which outweighed the decline in electronic NODX.

On a y-o-y basis, NODX to all of the top 10 NODX markets, except the EU 27, Japan, South Korea, Thailand and Hong Kong, expanded in December 2013.

The top three contributors to the NODX rise in December 2013 were China, the US and Taiwan.

On a y-o-y basis, NORX rose by 14.2 per cent in December 2013, after the 11.2 per cent increase in the previous month, due to both electronic and non-electronic NORX.